It is the intent of the Legislature that payments allocated in Section 41-10-757 to the Alabama Trust Fund for the purpose of repaying amounts transferred to the State General Fund pursuant to Section 4 of Amendment 856 to the Constitution of Alabama of 1901 shall be in lieu of the fiscal year 2017 State General Fund appropriation of $20,000,000 to the Alabama Trust Fund Board for the same purpose as provided in Act 2016-116 and that such $20,000,000 be used instead to release a portion of the conditional appropriation to the Medicaid Agency contained in Act 2016-116.
Structure Code of Alabama
Article 19 - Alabama Economic Settlement Authority.
Section 41-10-750 - Legislative Findings and Purpose.
Section 41-10-751 - Definitions.
Section 41-10-752 - Incorporation of Authority Authorized; Application; Filing.
Section 41-10-753 - Members, Officers, and Directors.
Section 41-10-754 - Powers of the Authority.
Section 41-10-755 - Bonds of the Authority.
Section 41-10-756 - Refunding Bonds.
Section 41-10-757 - Disposition of Proceeds of Bonds.
Section 41-10-758 - Creation of Special Fund.
Section 41-10-759 - Pledge and Appropriation of Bp Settlement Revenue to Pay Bonds.
Section 41-10-760 - Notice - Contested Actions.
Section 41-10-761 - Tax Exemption.
Section 41-10-762 - Notice and Hearing Not Required.
Section 41-10-763 - Applicability of Other Laws.
Section 41-10-764 - Dissolution.
Section 41-10-765 - Diversity.
Section 41-10-766 - Services Provided by Department of Finance.
Section 41-10-767 - Bonds Are Legal Investments.